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You've collected the following information about Erna, Inc.: = $320,000 = $ 18.500 = $ 7,300 = $ 68.000 = $ 99,000 Sales Net income
You've collected the following information about Erna, Inc.: = $320,000 = $ 18.500 = $ 7,300 = $ 68.000 = $ 99,000 Sales Net income Dividends Total debt Total equity What is the sustainable growth rate for the company? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate Assuming it grows at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Additional borrowing What growth rate could be supported with no outside financing at all? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Growth rate
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